enforcement officers work the boston marathon bomber case. grounded thousands of air traffic controllerring told to stay home, control tower closed because of sequestration and faa chief said expect delays if you are flying this weekend. investors and markets try to work through the massive news flow, we watch every move, count down to the closing bell starts right now. liz: good afternoon i am liz claman, we want to get you latest and effort that led to what happening right now in boston bombing investigation. these two brothers now identified as marathon bombing suspects were living in cambridge, they are of chechen

decent, under massive pressure after photos revealed yesterday, by fbi, killed an m.i.t. campus officer, then carjacked a mercedes suv overnight, police in hot pursuit chased them to watewatertown, a deafening gunft overnight ensued. shattering a neighborhood, listen to this. [ sound of gunfire ] dogs barking neighbors running people cowering in homes one of suspects 26-year-old tamerlan tsarnaev was killed his brother dzhokhar still on the loose, we'll keep up a split screen or depending on what is happening a big/little. we'll break in with any news as it develops, bring you to to date on market, resilient in

this last hour of trading dow jones while down 17 had been down much more. we have s&p 500 reversing, moving higher by 10. and nazdaq has been strong today up about 35. now, some of this right now dow would e higher if not for a rare misfrom ibm. after the bell yesterday, earnings came out they mised on both top and bottom line, dragging tech sector down and dow industrials, ibm down a significant percentage after a sliding yen, hurt ibm earnings in japan and computer services provider failed to close a number of deals, ibm is one of those companies that switched from providing -- remember think pad? they sold that a long time ago, they are very much into service. major dealing in u.s., tentative, three analyst cut price targets on ibm.

and another dow component verizon with healthy earnings, 68 cents per share that is more than 12% higher at the moment, up about a dollar and 9-cents. ubs raised target on phone service provider, verizon hitting $52 a share. over the last hour and a half, moving higher and staying there. up about $109. as we watched development and we'll put this in a split screen. in watertown. just so you don't miss anything, we'll get to floor show, traders at new york stock exchange, cme group and nymex and lauren on the floor of the new york stock exchange. first though to our traders. your thoughts john on the fact that while we're down about 23 points for dow industrials

almost like but for ibm we would have a higher market even with the news. >> that just add its volatility that we've seen in the market, the big swings up and down continuing in the market. we'll see them moving forward. ibm taken out, we're green across the board not surprising considers that headlines and earning season effects already. let's look forward to next week. not a lot of economic data will move the markets, we have cat tractor on monday, a big bellwether name that could show some direction. and the headlines that are coming out this weekend will add or subtract from sentiment of investors intention of getting back into the market. i think that intention is there i think they want to get back -n. but right now triggers are not showing it. liz: breaking news, red sox versus kansas city royals game, which was supposed to happen tonight at fenway park has

according to mlb, been postponed, red sox and kansas city royals came postponed. you cannot bring in that many people into fenway park when you have someone just a few miles down the road in watertown still on the loose, there is too much tentativeness. we'll kiev you developed on this. the bruins and the pe pen pengu, that game is supposed to be held tonight but we're still awaiting word, but it is very doubtful. it is not a good idea to bring that many people into one place where this guy could slip in suspect number 2 still on the loose, dzhokhar tsarnaev 19 years old of chechen decent, his

brother was killed over night, but still, you cannot have someone like that still on the loose, watertown is still far from where downtown boston is it and fenway park but you cannot take that chance. scott, you would think we soul sewouldsee a real flight to cal, is that something to focus on right now? >> i think 10-year treasury has been strug serum for last 6 to 8 weeks, it is telling us we have things more important to worry about. boston is taking a little bit of our focus away. once we get back to regular trading, i think that ibm shook people today, and blackstone backing away from the dell deal. and saying what sales could be like in europe, and a small

chinese slowdown, i think there is worry coming back into the market. but does that mean that market is going dock back down, i don't think so. >> it is the fed, keep that in mind, fed continues to prop up the market. some say you are not being very smart if you don't get yourself into equity, right now s&p laggards, peabody energy down about 7%. and ge that got into a bigger natural gas portion of the business. jonathan you tell me you are at nymex. >> natural gas is a big story not getting a lot of focus in energy markets right now, we're at highest level since summer of 2011. we had 9 weeks of continued gains in natural gas. liz: hold on, i hate to remind

people of this, we two years ago were at $14. so, this is a big move right now in the grand scream of things. >> also a -- last year we were at $190. we hav$1.90. we have made progress, but it is more appealing for people to more toward naturals go in the future, and pulling away procrude oil a little bit. liz: it is higher, but still below $88 a barrel for crude, brent at 19, have a relaxing weekend, now markets, we have dow, down just about 14 points, really trying to show some true resilience. and by the way, transports higher, utility higher, vick's i-- slightly lower. there is not a lot of concern in

market. despite what we show on right-hand side of screen that, of course, is watertown massachusets developing situation, one man still on the loose. lauren, you have been talking with traders all day long, seaworld ipo going gangbusters. >> life does go on, business is happening, seaworld ipo. the show they put on this morning was amazing. you just pointed out all of the good things right now, we're talking tech stocks right now, reason that dow is out of - of e rally is because of ibm, the worst performer in the dow jones, but best performer in dow jones is microsoft on solid earnings, pc market shrinking that hurting companies like most but they are doing well from video games, so, huge gain for microsoft today, and ditto for google, handing in a nice day,

hitting all-time high a month ago but they are pushing back closer to that to 800 a share, liz. liz: i have to show the ticker for seaworld, up 24% this is significant on a day where there is concern i in the nation, but nope, seaworld looking good, up 24% this stock priced high end of range, that is $27 that is unbelievable. we have the ceo coming up in just a few minutes from seaworld. but what a move for this stock. up about 24%. closing bell ringing in about 49 minutes, coming up, don't worry, we'll watch the hunt for missing suspect in th the boston bombin, and a interview with ceo of boston-based carbonnite. their headquarters are right

there on huntington street, very close to where the marathon bombs went off. today you could only imagine how that company is feeling. we have the ceo in as to be fox business ex throughexclusive. liz: later on. we have details on sequestration. and airlines stocks as well, stay tuned.

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liz: more breaking news out of boston, they have canceled boston bruins hockey game. in boston, which would have been held at td garden, we need to tell you that was versus the penguins, nhl and team ownership believing it is not safe to bridge together that number of people into an area that is not far enough, between what happening on the left-hand part of the scene in watertown, massachusets, a massive manhunt for suspect number 2. number one was killed overnight in watertown, number 2 has scampered off, there is an area in war watertown that is surrou,

7 to 9,000 police officers in the region. once again, now not just the red sox versus the royals at fenway park but also bruins aad penguins, national hockey league, and major league baseball postponing the games. and big apple ccrcus, held at boston city hall plaza, probably set up in front of city hall, a huge cement area there. that too has been postponed. clearly the city remains very much in partial to full lockdown, unless it depends on where your region circumstance but near watertown and cambridge, they do not know where this armed and dangerous suspect of chechen decent, 19-year-old dzhokhar tsarnaev still on the loose. okay city of boston locked down

today. one company whose doors are closed today, many are. but, we were able to get carbonnite chairman and ceo david friend on the phone in a fox, exclusive. this is important to sort of set the scene for us. you guys have been hurting ex smoke alley since monday -- emotionally since monday, your offers i understand is right there on huntington street very much near the finish line of the boston marathon, what has it been like today. >> today, i was on commonwealth avenue, a block from where the bombing went off. and it is usually a busy street, right now it is deserted. only other time is christmas morning. >> i can only imagine, and as i understand it. your offers was not closed tuesday. but you had a lot of people working from home, have you closed it, is that due to what

you felt was a dangerous and fluid situation and boston police recommended t? >> yes, and the governor on the radio this morning requesting that everyone close for the day. so that this would you know, allow the emergency personnel to move freely about the city without getting through traffic. liz: david, as a business leader. what is this like? it has been a emotional and financial toll for everyone. the emotional part is way more important, we understand that. but it is not over, what do you plan to do into the weekend, and then monday, will you open your doors for business monday if the suspect is not yet been caught? >> well, you know my primary concern is for safety of our 220 employees we have here in boston. you transportyou know it was sce day, a lot of us were down on boylston day, including me, watching the race come in.

and when the bombs went off we heard it loud and clear in the office. and looked down and could see all of the activity and people screaming and running through the per mall to street, my first thought was for my employees, we'll take our cues in terms of monday from the government as to whether or not it is safe to open. liz: may i ask if all your employees were safe? was anyone injured while watching? >> nobody was injury, fortunately. we did not have anybody that was close to where the bombs went off. but it was scary for a lot of the people who had been out there. various times of the day, some of whom were standing very close to where the bombs went off. you know earlier in the afternoon. >> what kind of psychological toll do you think this takes on people in the boston area.

1.4 million or so people work and live in the boston area, and exterior suburbs, including water town and cambridge they are very much in lockdown the focus of police investigation, moving forward, what do you plan to do for your employees, a lot of people talk about psychological teams in this may have lasting effects. >> it is hard to say, if that looks like some that would be needed or advicible's would do that you know we want to do whatever we need to do to get everyone comfortable. but i think this is a tough city, and i think the you know feeling is that this is you know, a one-off event. and it could have happened anywhere. unfortunately it happened in our backyard. we'll get passed it in a short

-- get past it, in a short period of time everyone will be back to work just as they were after the 9/11 disasters. and we will put it behind us. liz: david friend, carbonnite chairman and ceo in a fox business exclusive. our thoughts are with you, and we're pulling for you, thank you very much. >> thanks a lot. >> of course, about 39 minutes before the closing bill rings. he live osicomoss on, commonweah avenue, moving on. grounded, massive airport delays could be ahead, as sequestration cuts go ahead, what does it mean for our travel plans and airline stocks, we're live in chicago, please stay with us. i'm a conservative invtor.

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liz: america's airrines are preparing for landing in federal court, they are suing the government. hoping to head off expected big flight delays next week. as lawsuit potentially fly we have jeff flock flying over to o'hare, this gets crade. but this is related to sequestration. >> absolutely, furloughs to air traffic controllers that go into effect, faa says because of sequestration. they are suing both faa and dot seeking a stay of the furloughs in dc district court, they want controllers deemed essential personnel, people that would not be subject to a furlough. they are essential for air traffic control system to continue without major problems, i pressed organization on this, they said, they do not expect though a decision by dc circuit

this stay, request by sunday, that is when the furloughs go into effect, they say, the delays should begin sunday in afternoon. here is a quote from nick callio, the president of airline for america, airline trade group, he said, furloughs are illegal. they are irresponsible and damaging, most of all they are unnecessary, saying there are plenty of other places that faa could cut, they are playing political football with this. , when pressed on who do you mean? he said whoever has implemented these cuts, this is the faa, airline stocks have been well over the course of past year, they have done well today. on a day when market is mixed. but a tell -- i tell you, if we have catastrophic delays they are predicting, airline stocks may not do so well going forward, nick callio saying this

going to crater the entire system, a quote from them too. we'll see how lawsuit plays out. i know i'm going on a saying sunday -- vacation sunday, i will not be happy if the delays kick in. furloughs are one day, every two weeks for each of 15,000 controller in the u.s. it could be a mess. liz: great. something else to look forward to, i just want to reference, big board, jeff, thank you. we're coming back with major resilient in dow industrials down under 4 points, the fact we were down double digits in a significant way is significant. we have a move to back of flat line, but other indices in the green with s&p, and russell 2000, and nazdaq going higher, we want to know what you think. you heard 7,000 flights a day could be delayed due to sequeststration, i stress could,

we have heard a lot of scare tactics. would this change? we want you to go on facebook.com/liz claman, leave us a comment. how can you sit there and leave me out like this. hanging out with him. >> it gets worse every day. it just gets worse every day for you. >> you would like be mean to our own sister if you had one. >> my mother. liz: okay. does that shock you? okay. he is got a big story prosecutor have a perfect record in convicting traders targeted in massive u insider trading, but could case against michael steinberg be the exception, now he is here. >> okay, you know you talk about debates in legal community, this is a hajj debate aghuge debateon whether the govs

going too far on steinberg case, i never bet michael steinberg, this is a interesting case. remember they brought -- charges involved. him receiving inside information, from on two stocks, nvidia and dell. liz: nvidia, a graphic chipmaker. >> that is great, he allegedly received insider information from a corporate or in the case, a former analyst. john hor vat who received it from someone else. when inside information gets washed between 4 sources, the question becomes is it public.

liz: is that the term, washed? >> like money laundering, but it is goes through those levels, right, and washed through the levels, is this clean? is the dirty information clean when it reaches its ultimate source, michael steinberg is not saying give me that insider information, he is saying i assume it you got it from a source, and that guy got it from a source, that is the problem with the case, if you read the indictment it is based on information that has passed through three levels, one thing they have againstraj it is direct. it is on tape how he got it, it he trades on it, if there is one case that epit myself epep micet government has reached its peak on this it may be steinberg, i have seen investigation they run investigations they go a

little too far and they hit a brick wall. the government has the perfect hedge. the real issue is has gone too far? and are they finally bringing the case because they will not cooperate with steve komen? >> i am not saying it is your reporting but it could be dow jones industrial average just turned positive. >> it is my new up two points to why this is significant because the dow has struggled to to the fact i am made the top and bottom line. coming back double digits. with the gigantic down. >> giving investment ideas?

>> no. liz: i should not have the ninth winter wheat -- twitter without you. >> did you make a good point* deaths physical gold. >> is moving higher by $8. >> when the fed is printing money you have a global economic unrest. liz: thank you very much the closing bell rings in 26 minutes and the software giant beats expectations with the best first quarter they have ever had with a nice lift frrm the cloud in particular. is sequestration and the cuts were effective? stay tuned.

all stations come over to mission a for a final go.

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liz: two 1/2 minutes ago the dow turned positive so we have old green on the screen earlier we saw the biggest percentage losers were energy stocks of wheat the lord on the case. >> and they needed wells needed relief yesterday but the private sector is just about 8% and giving back most of that today.

and with the national resources and being firmly in their red today we watched natural gas prices are up today. liz: software makers with slowing sales how is the s&p they have business is run their businesses more intelligent -- intelligent lee howard a positioning growth? they got the best first quarter numbers ever with the "first on fox" business interview bill mcdermott joins me now. and to have the big fight -- cambridge office what is going on? >> we have accounted for all the employees and thank goodness they are okay but we closed down our office in cambridge and berlin to send everyone home to work

virtually. i am heartsick over the situation and of the 65,000 people that work for sap are heart goes out to boston of we love you. >> there are so many businesses from sam adams for boston scientific gore them to. >> it is an unprecedented event. is heartbreaking and the wrenching and the most difficult do talk about corporate earnings when something is significant in the world is going on and i pray for those people. liz: we all do. what is important to show nefarious people that life does the one and americans are resilience so let's point* out the fact that you have done beautifully this quarter thirteens quarter of

double-digit growth of 14% what is driving your business right now that excites you the most? >> innovation. we lovedddelivering innovation that makes the difference for our customers their mobile and on the fly. they need to build business models in the clouds of the executive that is in procurement that needs easy to run faster to deploy a solutions to achieve their goals. liz: the term cloud for people who don't understand understand, a gigantic servers in the sky and your customers pay a fee to store of what they do on your sir so it is accessible from any device. it is a rather young business. not the biggest card but will it be and when? >> it is going really fast it grew 350% this quarter so

not the biggest with the billion dollar business fee of their peace you mention analytics and real-time insights our customers want to connect with their customers. you cannot connect ms you can respond to make realtime offers and make it easy to do business with our customers for their customers. we have the world's fastest in memory computing database called canada -- hannah. liz: you have 232,000 customers that one is the u.s. government government, sequestration. they are cutting back? how is that going to affect you and be specific. >> glad the. not a lot of decisions are being made. so others are being cut back and decisions have slowed in

general. that is not a major with u.s. public sector but in a lot of public-sector businesses including china and so on but how we will be affected remains to be seen. i am sure everybody will be but our software can help the government. llz: does the government act on that to write the check? government has to run like the best run business to innovate and care for the citizens to make the friction points go away and make it easy to do business with. you have to collect taxes and automate processes in a far quicker way to satisfy the needs of a modern economy but the big thing government has to do is stop spending money on things that don't matter. this matters. innovation matters don't do things that a clematis --

commodities vegas investment changes the game. liz: and the stock is up year over year but we watch this closely and oracle of the competitor up 11% so you are doing better. the closing bell rings in 70 minutes. talk about a splash, see world jumps more than 25 percent of the stock market debut. yes they launched the ipo date to doubt the negative news flow and went for a. entertainment joins us next so why was now the good time to go public?@ and as we told you the developing news this hour the boston red sox game against kansas city royals cancelled tonight. you are looking at a live shot of a very empty fenway park just a few miles away from a massive manhunt in watertown and cambridge and

will remain empty tonight. no game and the bruins hockey game also canceled for all the developments on fox business. dow jones industrial average up 14 points. 've known? we gave people a sticker and had them show us. we learned aot of us have known someone who's lived well into their 90s and that's a great thing. but even though we're living longer, onehing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ ...amelia... neil and buzz: for teaching us thatou can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions...

in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it.

liz: just amazing on a day like this to have the ipo see world is making quite a splash of there first day of trading rally more than 26 percent this morning i spoke with parks and entertainment ceo asking what it felt like to finally make the plunge to go public? >> i could not have spent more gratified to see the response from the stock, it did be expectations for sure. >> and pricing at the top of

the range at $27 per share. what typically will you do with the money you are raising for the ipo? >> this integrated manages. so we can deal leverage and we have term loves to take out so investors will benefit in the immediate term. liz: then you could focus on the friends. you have won there. who is that little guy? >> this is penny. she is a time when. we have hundreds and our collection. we have 67,000 animals in our care. we can connect people with animals in a way that inspires them and it is a different product that we have. liz: i have been down there a long time maybe they have never seen a pate when. maybe tuxedos.

but not a pig when. but to attract them more with slide shows but what is on the plan booker and the calendar? >> we have had a great run with some terrific strong years. this is no exception. looked at orlando we will open in antarctica a massive new attraction in orlando. a visit to the continent go into the habitat to ride a vehicle that takes you through the enclosure and then it led to out of the penguin habitat. a cool attraction. and a new water park in san diego. just south of sea world and it has been so well received it is a great new concept. liz: that has a lot of

@%pital expenditure and you are sensitive and vulnerable to a recovering economy that may or may not stumble. are you prepared for some stumbling blocks along the way? it has been a tentative recovery. >> to give background i started in our company as a teenager i have seen a lot of economic cycles. this one we saw a gradual improvement that we benefit from such a different experience aad then we have destination markets and regional markets regional we will see them in florida and california. >> the stock jumped right out of the gate it looks like a smart idea the blackstone was your biggest donor and they could have sold you easily to another private outfit. whitey think the ipo route was taken? >> i think blackstone found

is what we have known. they have invested in the parks and they see the value the business has but what we can still do. they are excited to be a part of this company. liz: butte rolled over the fact is started as a teenager you really are on the screen and you started as a parking lot attendant back in the '80s. what does this say about this country and how anybody can go from parking lot attendant to c0? >> i have been very blessed and height of who was operating rise and guest relations and iran several parks so i have been very fortunate in my career and that is what this floor was

created for where you can work your way up any type of role to find yourself on the floor on the new york stock exchange with a penguin named penny. >> right now we have to look at dell. there is breaking news it seems that carl icahn according to sources of the wall street journal is backing out of any interest in helping to acquire dell. earlier blackstone said not interested now according to "the wall street journal" and as those battles and fights backing down and the stock plan will that at 1340. and then going back down to the bottom.

back from a 90 point* plus deficit. a 95 point* swing we hold on for the last few minutes. can we? we are watching every tick of the way.

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who gave him a fresh perspective on hisortfolio. and with some plannining aneffort, hopefully bob can retire at a more appropriate age. it's not rocket science. it's just common sense. from td amitrade. is. liz: right now with just a couple of minutes left for the markets, we have a couple of 52-week highs. we need to show them to you right now. they are probably wildly held names you hold in your portfolio. everything from mcdonald's to proctor & gamble. as you look at these names keep in mind the dow jones industrials, many names on there had indeed been down 90 points. at the moment up 16 with just two minutes left. dived asman is with me to get ready for "after the bell.".

david: the vix is down dramaticly. we're down double digits on the vix. the it down 12%. apparently the market discounted the concern in boston, what is happening in europe and china. but, lauren simonetti down at new york stock exchange. you didn't help ibm. they had bad earnings. that is a real drag on the dow which is actually in the in the plus. despite the drag the down of dow, ibm, the dow is in the plus. >> it was their first profit miss since 2005 for ibm. not to mention it was their worst pest arge loss -- percentage loss since the flash crash for ibm. now ibm is negative for 2013. liz: dell shares in the last 20 minutes, a "wall street journal" is telling them that sources that carl icahn doesn't want to buy the company or blackstone. dell shares sliding. >> two